MG SINGH
The computed 12-month bankruptcy probability of MG SINGH is 2.9% (moderate). The 2024 annual accounts show equity of €48k and a net result of €23k. Equity is growing by ~91.5% per year across the filed fiscal years. Its solvency ranks better than 92% of 6686 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €48k |
| Net result | €23k |
| Better than sector | 92% |
| Active | 4 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 78.8% | 20.4% | |
| Net result | €23k | €4k | |
| Equity | €48k | €16k | |
| Gross operating margin | €28k | €24k | |
| Total assets | €61k | €94k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €23k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €6k |
| Dividends | - |
| Total assets | €61k |
| Equity | €48k |
| Debt | €13k |
| of which ≤ 1y | €13k |
| of which > 1y | - |
| Working capital | €47k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 4.61 |
| Quick ratio | 4.03 |
| Working capital ratio | 76.4% |
| Solvency | 78.8% |
| Debt / equity | 0.27 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 37.8% |
| ROE | 47.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €61k |
| Fixed assets | 21/28 | €2k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €60k |
| Stocks & contracts in progress | 3 | €7k |
| Amounts receivable within one year | 40/41 | €21k |
| Cash & bank | 54/58 | €31k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €61k |
| Equity | 10/15 | €48k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €46k |
| Amounts payable | 17/49 | €13k |
| Amounts payable within one year | 42/48 | €13k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Gross operating margin | 9900 | €28k |
| Operating result | 9901 | €28k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €190 |
| Result before taxes | 9903 | €29k |
| Income taxes | 67/77 | €6k |
| Net result for the period | 9904 | €23k |
| Result to be appropriated | 9905 | €23k |
-
Current29-09-2022 → present
Former directors (1)
-
Former- → 29-09-2022
| NACE primary | Non-specialised food retail(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 03-05-2022 |
| Status | Active |
| Postal code | 7970 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52051C0199/00G000 | Wallonia | 1,378 m² | 1 · 112 m² | - |
| 53079A0849/00C000 | Wallonia | 248 m² | 1 · 71 m² | 9.3 m · 3 fl. |
| 51008A0214/00L000 | Wallonia | 24 m² | 1 · 215 m² | 11.1 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-02-2026 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": null,
"currency": null,
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2026-01-31",
"evidence_quote": "A.G.E DU 31 Janvier 2026: - Cession des actions - Cession des actions Suite \u00E0 la cession des actions entre les actionnaires, la nouvelle r\u00E9partition se fait de la mani\u00E8re suivante Monsieur AMRITPAL SINGH d\u00E9tient z\u00E9ro action (0). Monsieur KARANBIR SINGH d\u00E9tient cinquante actions (50). Monsieur SINGH Gurbhej d\u00E9tient cinquante actions (50).",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0786.749.281",
"name_full": "MG SINGH",
"legal_form": "BV"
}
}29-09-2022 Registered office moved from Maasmechelen to Beloeil
- Joseph Smeetslaan 177, 3630 Maasmechelen → rue du chateau 34, 7970 Beloeil
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Beloeil",
"region": null,
"street": "rue du chateau",
"country": "BE",
"postcode": "7970",
"box_number": "1",
"street_number": "34"
},
"old_address": {
"city": "Maasmechelen",
"region": null,
"street": "Joseph Smeetslaan",
"country": "BE",
"postcode": "3630",
"box_number": null,
"street_number": "177"
},
"effective_date": "2022-08-01",
"evidence_quote": "Wijziging van de sociale zetel - De sociale zetel is overgebracht naar \u00ABrue du chateau 34/1, 7970 Beloeil\u00BB."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0786.749.281",
"name_full": "MG SINGH",
"legal_form": "BV"
}
}25-07-2022 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": null,
"currency": null,
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2022-07-01",
"evidence_quote": "01/07/2022 - Overdracht van aandelen - Benoeming - Overdracht van aandelen",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0786.749.281",
"name_full": "MG SINGH",
"legal_form": "BV"
}
}13-06-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "3630 Maasmechelen, Joseph Smeetslaan 177",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "2003-01-12",
"name": "KARANBIR SINGH",
"niss": null,
"address": "7100 La Louvi\u00E8re, rue Sylvain Guyaux, 53 bus 0001"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": "KARANBIR SINGH",
"is_subscriber_only": true,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 2000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 2000,
"subject_company": {
"kbo": "0786.749.281",
"name_full": "MG SINGH",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-05-03",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MG SINGH |